Fibonacci Analysis: Fibonacci analysis evaluates the short term (30 days) intermediate term (60 days) and long term trends (120 days) and retracements. Stocks that retrace 38.2% or less of a trend will usually continue the trend. Retracements exceeding 61.8% indicate a reversal. Alerts will include ABC's up/down (multiple 38% retracements) and various reversal signals.
Time FrameTrend38.2%50%61.8%
Long 10.86 to 11.9 . . 10.62 (123.08%)
Intermediate 11.06 to 11.9 . . 10.62 (152.38%)
Short 10.62 to 12 . . 10.62 (100.00%)